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sponsored by Wipro Technologies
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Posted:
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27 Feb 2009
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Published:
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27 Feb 2009
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Format:
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PDF
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Length:
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7
Page(s)
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Type:
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White Paper
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Language:
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English
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ABSTRACT:
Today, if an organization has to survive and thrive in a commercial environment that is increasingly global and competitive in its outlook, it has to concentrate on the interests and concerns of every stakeholder in the business even in the most challenging times. And, that includes not just the shareholder, but also the domestic and global customer, the lawmaker, the community in which the enterprise operates, and environmental groups. This calls for laying a strong corporate governance framework within the organization to ensure that the company runs a "no compromise" business thereby leading to creation of shareholder wealth in an earnest way.
This whitepaper takes a look at the importance of corporate governance in today's context, some best practices that companies can adopt in this area for effective corporate governance and, more specifically, lays out 5 important steps to effective corporate governance.
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Author
K R Lakshminarayan
Chief Strategy Officer of IT Businesses
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Wipro Limited
Lakshminarayana (Lan) is the Chief Strategy Officer of Information Technologies (IT) Businesses for Wipro Limited (NYSE:WIT). He is responsible for overall strategies in Merger and Acquisition. At an annualized Revenue of over $5 billion, Wipro's IT businesses constitute about 85% of Wipro Limited's Revenues and 90% of its profits and is among the top 3 IT players from India. With a team of nearly 100,000 people operating out of 35 countries, Wipro addresses the IT requirements of more than 600 customers in North America, Europe, Asia, Middle East, and India and has operations in over 35 countries.
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